Question to the Department for Business and Trade:

To ask His Majesty's Government whether, in negotiating a free trade agreement, they intend to prioritise opening up the financial services industry between the United Kingdom and the United States of America.

The US is an indispensable ally and one of our closest trading partners. Our trading relationship with the US was worth £315 billion in 2024. As Secretary of State said on 3 April, we have been engaged in discussions on an economic deal between the US and the UK and we remain committed to this. The financial services industry is integral to our economy, and we will always act in the UK's national interest.